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June 26, 2022

Russia raids oil giant BP offices

Russian law enforcement officers raided the Russian offices of oil giant BP, the company said Wednesday, blasting what it called “illegal” interference in its work, according to CNN. The company issued a statement about the raid, saying there were “no legitimate grounds for such a raid,” and that the court decision it was based on should not be allowed to stand. The raid is related to a long-running battle between BP and Russian partner, TNK-BP, over oil exploration in the Russian Arctic. It comes a day after ExxonMobil signed a deal with Russian oil company Rosneft that includes Arctic exploration, a blow to BP.

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